Hendrick Family Foundation (EIN 364837270) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Phone

7045673627

Tax Period

2023-01-01 to 2023-12-31

Hendrick Family Foundation, founded in 2015, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.1M in total revenue in fiscal year 2023. Revenue surged 99% from the prior year, signaling strong growth momentum.

Mission

The organization is organized exclusively for charitable and educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code including without limitation the ability to provide assistance and advocacy for the financially disadvantaged.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,100,865

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,100,865

Expense Breakdown

Grants Paid $3,996,377

Salaries & Benefits $0

Fundraising Expenses $3,783

Program Expenses $3,996,377

Other Expenses $8,552

TOTAL EXPENSES $4,004,929

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,100,865	$2,062,887	+1.0%
Expenses	$4,004,929	$1,853,174	+1.2%
Net Income	$95,936	$209,713	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	President	1.0	Officer Director	$0	$0	$0
N/A	Vice President/Director	1.0	Officer Director	$0	$0	$0
N/A	Vice President/Assistant Treasurer	0.0	Officer	$0	$0	$0
N/A	Vice President/Secretary	4.0	Officer	$0	$0	$0
N/A	Vice President/Treasurer	2.0	Officer	$0	$0	$0
N/A	Vice President/Assistant Secretary	0.0	Officer	$0	$0	$0
N/A	Vice President	0.0	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$4,100,865	$4,004,929	$895,402	$95,936
2022	$2,062,887	$1,853,174	$799,466	$209,713
2021	$1,318,136	$776,850	$589,753	$541,286
2020	$185,827	$709,279	$48,467	$-523,452
2019	$1,355,108	$1,752,434	$572,214	$-397,326
2018	$1,782,531	$1,407,504	$969,245	$375,027

Hendrick Family Foundation